Gold inches higher as traders await US inflation print
GOLD prices inched higher on Monday (Dec 9) as investors awaited US inflation data, set for release this week, for insights into the Federal Reserve’s monetary policy. Spot gold was up 0.1…
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Gold
More than 150 people rescued from abandoned gold mine
More than 150 illegal miners have been rescued from an abandoned mine in South Africa's eastern Mpumalanga province. Police say three bodies were recovered earlier this week on the first…
Gold little changed; investors await US payrolls data
GOLD prices were little changed on Thursday (Dec 5) as investors awaited US payrolls data, due on Friday, for more cues on the Federal Reserve’s monetary policy path. Spot gold was flat at…
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for further insights into the US interest rate cut…
Gold slips as dollar strengthens; investors await US data
Gold prices slipped on Monday (Dec 2), snapping a four-session rally as the US dollar firmed, while market participants awaited key US economic data for clues on the Federal Reserve’s…
Gold set for weekly decline; market awaits more US data
Gold traded flat on Friday (Nov 22) and was poised for a weekly decline as markets awaited key US economic data, which are expected to shape the Federal Reserve’s monetary policy outlook…
Gold prices barely move ahead of US inflation data
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve rate cut next month. Spot gold was flat at…
Gold falls further on stronger US dollar, easing geopolitical tensions
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential Israel-Hezbollah ceasefire that dampened…
Gold near three-week high on softer US dollar, geopolitical concerns
Gold prices ticked higher on Monday (Nov 25), nearing a three-week high, supported by a weaker US dollar and safe-haven demand amid rising geopolitical tensions, as investors awaited more…
Used cooking oil the new black gold as it rides biofuel demand, limited supply
Europe is the largest consumer of the feedstock globally, but regulatory uncertainty in US, Europe still a hurdle GLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such as…
Gold rallies on safe-haven demand, set for best week in nearly 2 years
GOLD prices breached the US$2,700 threshold for the first time in over two weeks on Friday (Nov 22), on track for their biggest weekly gain in nearly two years, as safe-haven demand…
Safe-haven gold on track for weekly gain
GOLD prices were steady on Friday (Nov 22) but still poised for a weekly gain, driven by safe-haven demand due to escalating geopolitical concerns, while market awaited clearer signals on…
Gold extends gains on Russia-Ukraine jitters
Gold prices inched higher on Thursday (Nov 21) for a fourth consecutive session, supported by safe-haven demand amid the intensifying Russia-Ukraine war, while investors looked for further…
Gold hits one-week high on softer dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on the US interest rate…
Gold, prices, and jobs: What's at stake in Ghana's elections?
Ghana is due to get a new president after December’s election. The current vice-president, Mahamudu Bawumia, and a former head of state, John Mahama, are the two leading candidates in…
White truffles, Italy's gold, menaced by climate change
Deep in a thick forest in Italy's northwestern Piedmont region, the hunt is on for the white Alba truffle, with excited dogs zigzagging and digging into the wet earth. But the culinary…
Gold subdued as investors await US data, comments from Fed officials
GOLD prices were little changed in early Asia hours on Monday (Nov 11), as market participants awaited comments from Federal Reserve officials and economic data to gauge the US interest…
Gold logs biggest weekly fall in over five months on dollar strength
GOLD prices dropped on Friday (Nov 9), logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump’s…
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut amid a cooling labour market and solid economic…
Gold subdued as investors await US election outcome
GOLD prices were muted on Wednesday (Oct 6), as investors held back from taking big positions until the US election’s outcome was known and shifted focus to the Federal Reserve’s upcoming…
Gold falls as Trump’s decisive election win drives up US dollar
Bullion tumbled as much as 1.5% as Trump’s victory rippled through global markets Gold fell on a surging dollar as Republican Donald Trump was elected back to the White House after one of…
Gold steadies as investors brace for US election and potential rate cuts
GOLD prices held steady on Monday (Nov 4), as investors prepared for a crucial week for the global economy, marked by the US presidential election and the likelihood of further interest…
Gold ETFs shine on rising interest from the West
Rate cuts by central banks reducing opportunity cost of holding the precious metal GOLD has long been a favourite among Asian investors. Now, rising interest in gold exchange-traded funds…
Gold eases as US dollar strengthens, traders await Fed policy cues
GOLD prices declined on Monday (Oct 28), pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory. Spot gold fell…